Home › CA Inter › auditing › Nature, Objective and Scope of Audit › Most of the audit evidence available to the audi…
Most of the audit evidence available to the auditor is:
Aconclusive and certain
Balways documentary
Cpersuasive rather than conclusive
Dirrelevant
Answer & Solution
Correct answer: C. persuasive rather than conclusive
Audit evidence is generally persuasive rather than conclusive — an inherent limitation.
Related questions
The auditor's opinion on the financial statements does NOT provide any assurance about theA key advantage of an independent audit is that audited financial statements are:The scope of an audit is determined by the auditor having regard to the Standards on AuditAn audit conducted by staff who are employees of the entity itself is known as:Investigation differs from an audit mainly in that an investigation is a critical examinatA principal distinction between accounting and auditing is that accounting is constructiveThe premise on which an audit is conducted is that management acknowledges its responsibilAn assurance engagement involves at least how many separate parties?